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ODIGMA - Odigma Consultan

📊 NSE: ODIGMA 🏢 Miscellaneous 📅 Last Updated: 12/14/2025 10:40

📢 Recent Corporate Announcements

Odigma Consultancy Reports Nil Borrowings; Not Classified as Large Corporate

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 24 Apr 2026, 06:34 PM

Odigma Consultancy Solutions Limited has officially declared that it does not meet the criteria for a Large Corporate entity as of March 31, 2026. Per SEBI guidelines, the company reported zero outstanding borrowings at the end of the financial year. This classification means the company is not subject to mandatory incremental borrowing requirements through debt securities. The filing is a routine compliance matter confirming the company's debt-free status regarding long-term borrowings.

Confirmed non-applicability of Large Corporate framework as of March 31, 2026.
Reported total outstanding borrowings of Nil (Rs. 0.00 Crore).
Highest credit rating for the previous financial year was reported as Not Applicable (N.A.).
Compliance filing submitted under SEBI Operational Circular SEBI/HO/DDHS/P/CIR/2021/613.

💡 No action is required as this is a routine regulatory disclosure. The zero-debt status is a positive sign of financial health, though expected for a company of this scale.

Odigma Clarifies Significant Share Price Movement as Market-Driven

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 14 Apr 2026, 01:11 PM

Odigma Consultancy Solutions Limited has responded to clarification requests from BSE and NSE regarding recent significant movements in its share price. The company stated that it has complied with all disclosure requirements under SEBI (LODR) Regulations, 2015, and has no undisclosed price-sensitive information. Management maintains that the price fluctuations are purely market-driven and beyond the company's control. This response aims to reassure investors that no hidden corporate developments are currently influencing the stock's volatility.

Response issued on April 14, 2026, following exchange queries dated April 13, 2026.
Company confirms full compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations.
Management attributes recent price and volume volatility strictly to market conditions.
Reiterated commitment to timely dissemination of any future price-sensitive information.

💡 Investors should view this as a routine regulatory clarification and avoid speculative trading based on the recent price volatility. Focus on fundamental business growth for long-term decision making.

Odigma Consultancy Solutions Submits SEBI Reg 74(5) Compliance for Q4 FY26

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 08 Apr 2026, 06:32 PM

Odigma Consultancy Solutions Limited has submitted its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The filing, issued by Alankit Assignments Limited, pertains to the quarter ended March 31, 2026. The Registrar and Transfer Agent (RTA) confirmed that there is no holding of shares in physical form for the company. This routine disclosure confirms the company's adherence to electronic shareholding standards and regulatory transparency.

Compliance certificate submitted for the quarter ended March 31, 2026.
Issued by Registrar and Transfer Agent (RTA) Alankit Assignments Limited.
Confirmation that 100% of shares are dematerialized with zero physical holdings.
Adherence to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.

💡 This is a routine administrative filing with no impact on stock valuation. Investors should monitor the company's upcoming quarterly financial results for fundamental insights.

Odigma Shareholders Approve MD Re-appointment and AvenuesAI Related Party Transactions

🟢 POSITIVE ⭐ 6/10

MANAGEMENT 📅 26 Mar 2026, 07:42 PM

Odigma Consultancy Solutions Limited has successfully passed two key resolutions via postal ballot with overwhelming shareholder support. Mr. Mathew Jose has been re-appointed as the Managing Director, receiving 99.96% of the valid votes cast. Furthermore, shareholders approved material related party transactions with AvenuesAI Limited, with 99.88% of non-interested votes in favor. These results ensure leadership stability and provide the necessary regulatory clearance for the company's planned business engagements with AvenuesAI.

Re-appointment of Mr. Mathew Jose as Managing Director approved with 1,76,82,361 votes in favor (99.96%).
Material Related Party Transactions with AvenuesAI Limited passed with 99.88% approval from voting shareholders.
Over 1.32 crore votes were categorized as invalid for the RPT resolution, likely due to the exclusion of interested promoter entities.
The voting process was conducted entirely through remote e-voting between February 25 and March 26, 2026.

💡 Investors should view the leadership continuity as a positive sign of stability, but should continue to monitor the scale and terms of transactions with AvenuesAI to ensure they remain beneficial to minority shareholders.

Odigma Consultancy Solutions Announces Trading Window Closure from March 27, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 26 Mar 2026, 06:11 PM

Odigma Consultancy Solutions Limited has announced the closure of its trading window for all designated persons starting March 27, 2026. This move is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the financial results for the quarter and year ending March 31, 2026. The trading window will remain closed until 48 hours after the official declaration of these financial results. This is a standard regulatory procedure to ensure no insider trading occurs while sensitive financial data is being processed.

Trading window closure effective from Friday, March 27, 2026.
Closure pertains to the financial results for the quarter and year ending March 31, 2026.
Window to remain closed until 48 hours post-announcement of financial results.
Complies with SEBI (Prohibition of Insider Trading) Regulations, 2015.

💡 No immediate action is required as this is a routine regulatory filing. Investors should await the announcement of the annual financial results to evaluate the company's performance.

Odigma Authorizes KMPs for SEBI Materiality Disclosures Effective March 27, 2026

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 26 Mar 2026, 06:00 PM

Odigma Consultancy Solutions Limited has designated specific Key Managerial Personnel (KMPs) to determine the materiality of events for stock exchange disclosures. This move is in compliance with Regulation 30(5) of the SEBI (LODR) Regulations, 2015. The authorized team includes the Managing Director, Chief Financial Officer, and Company Secretary, with the policy taking effect on March 27, 2026. This is a standard administrative update to ensure transparent and timely reporting to the BSE and NSE.

Authorization of 3 Key Managerial Personnel for determining event materiality
Effective date for the new disclosure protocol set for March 27, 2026
KMPs include MD Mathew Jose, CFO Saumya Yagnik, and CS Prachi Jain
Compliance update under Regulation 30(5) of SEBI LODR Regulations

💡 This is a routine regulatory filing with no impact on business fundamentals. Investors should note the updated contact details for future investor relations inquiries.

Odigma Consultancy Appoints Saumya Yagnik as CFO Following Resignation of Guddi Chauhan

🟡 NEUTRAL ⭐ 6/10

MANAGEMENT 📅 26 Mar 2026, 05:39 PM

Odigma Consultancy Solutions Limited has announced a leadership transition in its finance department. Ms. Guddi Bharatbhai Chauhan has resigned as Chief Financial Officer effective March 26, 2026, due to personal reasons involving relocation abroad. To ensure continuity, the board has appointed Ms. Saumya Yagnik as the new CFO effective March 27, 2026. Ms. Yagnik is a Chartered Accountant with over 8 years of experience, including a prior 2-year tenure as a CFO and experience at KPMG India.

Resignation of Ms. Guddi Bharatbhai Chauhan as CFO effective from closure of business on March 26, 2026.
Appointment of Ms. Saumya Yagnik as the new Chief Financial Officer effective March 27, 2026.
New CFO Saumya Yagnik brings over 8 years of professional experience in accounts, finance, and audit.
Ms. Yagnik previously served as a CFO for 2 years and has experience in management consultancy at KPMG India.

💡 Investors should monitor the transition to ensure financial reporting and internal controls remain stable under the new leadership. The immediate appointment of a qualified professional with prior CFO experience suggests a well-managed succession plan.

Odigma Consultancy Announces Trading Window Closure from March 14 to March 17, 2026

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 13 Mar 2026, 06:10 PM

Odigma Consultancy Solutions Limited has officially notified the stock exchanges regarding the closure of its trading window for designated persons. The window will remain closed from Saturday, March 14, 2026, through Tuesday, March 17, 2026. This move is a standard compliance procedure under the SEBI (Prohibition of Insider Trading) Regulations, 2015. Such closures are mandatory to prevent insider trading ahead of price-sensitive information disclosures or board meetings.

Trading window closure effective from March 14, 2026.
Window to remain closed until the end of March 17, 2026.
Compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015.
The restriction applies to all designated employees and insiders of the company.

💡 No action is required from retail investors as this is a routine regulatory filing. Investors should watch for upcoming announcements that may have triggered this short window closure.

Odigma Consultancy Solutions CFO Guddi Bharatbhai Chauhan Resigns Due to Relocation

🔵 WATCH ⭐ 6/10

MANAGEMENT 📅 13 Mar 2026, 06:05 PM

Odigma Consultancy Solutions Limited has announced the resignation of Ms. Guddi Bharatbhai Chauhan from the position of Chief Financial Officer and Key Managerial Personnel. The resignation was formally communicated on March 13, 2026, with the reason cited as personal relocation abroad. The company is currently in the process of identifying a successor to ensure a smooth transition in financial leadership. The specific effective date for her departure will be announced by the company at a later stage.

Ms. Guddi Bharatbhai Chauhan resigned as CFO and Key Managerial Personnel on March 13, 2026.
The resignation is attributed to personal reasons involving relocation abroad.
The company has initiated the search and appointment process for a new Chief Financial Officer.
The effective date of relieving the outgoing CFO will be notified in due course.

💡 Investors should monitor the company's upcoming announcements regarding the appointment of a new CFO to ensure leadership continuity. While the exit appears routine, the quality of the successor will be key for future financial oversight.

Odigma Consultancy Solutions Announces Trading Window Closure from Feb 13 to Feb 24, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 12 Feb 2026, 05:50 PM

Odigma Consultancy Solutions Limited has notified the exchanges regarding the closure of its trading window for designated persons. The window will be closed from February 13, 2026, through February 24, 2026. This measure is taken under the SEBI (Prohibition of Insider Trading) Regulations, 2015. Investors should note that this is a standard regulatory requirement often preceding significant corporate events or financial disclosures.

Trading window closure starts on February 13, 2026
The closure period ends on February 24, 2026
Compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015

💡 This is a routine administrative update with no direct impact on general shareholders. No specific action is required as the restriction applies only to company insiders.

Odigma Reports Q3 Loss of ₹1.44 Cr; Revenue Declines 6% YoY; Fundraising Deferred

🔴 NEGATIVE ⭐ 8/10

EARNINGS 📅 30 Jan 2026, 01:58 PM

Odigma Consultancy Solutions reported a weak performance for Q3 FY26, swinging to a net loss of ₹143.97 lakhs compared to a profit of ₹13.91 lakhs in the prior year's quarter. Revenue from operations declined 6% YoY to ₹956.26 lakhs, while total expenses surged to ₹1,178.20 lakhs. The company also announced the re-appointment of Mathew Jose as Managing Director for a three-year term and decided to defer its planned fundraising proposal. Additionally, a minor shift in the registered office within GIFT City was approved.

Revenue from operations decreased to ₹956.26 lakhs in Q3 FY26 from ₹1,016.76 lakhs in Q3 FY25.
Reported a net loss of ₹143.97 lakhs for the quarter, a significant decline from a profit of ₹13.91 lakhs YoY.
Total expenses rose to ₹1,178.20 lakhs, impacted by an exceptional item of ₹18.76 lakhs for new Labour Codes.
Board deferred the agenda for fund raising to a later date.
Mathew Jose re-appointed as Managing Director for three years effective May 29, 2026.

💡 Investors should exercise caution as the company has turned loss-making due to rising operating and employee costs despite declining revenues. The deferment of the fundraising plan and the margin pressure warrant a close watch on the next few quarters for signs of recovery.

Odigma Reports Q3 Net Loss of ₹1.44 Cr; Re-appoints Mathew Jose as MD

🔴 NEGATIVE ⭐ 8/10

EARNINGS 📅 30 Jan 2026, 01:57 PM

Odigma Consultancy Solutions Limited reported a weak performance for Q3 FY26, swinging to a net loss of ₹143.97 lakhs from a profit of ₹13.91 lakhs in the year-ago period. Revenue from operations declined to ₹956.26 lakhs, down from ₹1,016.76 lakhs YoY, while total expenses rose significantly to ₹1,178.20 lakhs. The company also announced the re-appointment of Mr. Mathew Jose as Managing Director for three years starting May 2026 and deferred its fund-raising plans. Segment-wise, the core Digital Marketing business saw a sharp decline in results compared to previous periods.

Reported a net loss of ₹143.97 lakhs in Q3 FY26 versus a profit of ₹13.91 lakhs in Q3 FY25.
Revenue from operations fell 5.9% YoY to ₹956.26 lakhs from ₹1,016.76 lakhs.
9-month FY26 revenue stands at ₹2,869.72 lakhs, down from ₹3,214.89 lakhs in the previous year.
Total expenses for the quarter increased to ₹1,178.20 lakhs, driven by higher employee and other expenses.
Board deferred the agenda for fund raising and approved shifting the registered office within GIFT City.

💡 Investors should exercise caution as the company has turned loss-making and is experiencing declining revenues. The deferral of fund-raising plans and the sharp drop in segment profitability for Digital Marketing are key areas of concern to monitor.

Odigma Reports Q3 FY26 Net Loss of ₹143.97 Lakhs; Defers Fund Raising Proposal

🔴 NEGATIVE ⭐ 8/10

EARNINGS 📅 30 Jan 2026, 01:49 PM

Odigma Consultancy Solutions reported a weak performance for Q3 FY26, swinging to a net loss of ₹143.97 lakhs compared to a profit of ₹13.91 lakhs in the year-ago period. Revenue from operations declined to ₹956.26 lakhs, down from ₹1,256.69 lakhs in the preceding quarter. The board also decided to defer a previously planned fund-raising proposal to a later date. On the management front, Mr. Mathew Jose has been re-appointed as Managing Director for a further three-year term starting May 2026.

Revenue from operations fell 23.9% QoQ to ₹956.26 lakhs in Q3 FY26.
Net loss for the quarter stood at ₹143.97 lakhs against a profit of ₹12.06 lakhs in Q2 FY26.
9M FY26 total comprehensive income recorded a loss of ₹125.03 lakhs vs a profit of ₹27.70 lakhs YoY.
Board deferred the agenda for fund raising to a subsequent meeting.
Exceptional item of ₹18.76 lakhs recognized due to statutory impact of new Labour Codes.

💡 Investors should exercise caution as the company has turned loss-making on a quarterly and nine-month basis with declining revenues. The deferral of the fundraise may also signal a change in immediate capital requirements or market timing strategy.

Odigma Reports Q3 FY26 Net Loss of ₹1.44 Cr; Revenue Declines to ₹9.56 Cr

🔴 NEGATIVE ⭐ 8/10

EARNINGS 📅 30 Jan 2026, 01:43 PM

Odigma Consultancy Solutions reported a weak performance for the quarter ended December 31, 2025, swinging to a net loss of ₹143.97 lakhs from a profit of ₹13.91 lakhs in the same period last year. Revenue from operations declined by 6% YoY to ₹956.26 lakhs, while total expenses surged to ₹1,178.20 lakhs. The company also announced the re-appointment of Mathew Jose as Managing Director for a three-year term and the shifting of its registered office within GIFT City. Crucially, the board has deferred a previously planned fund-raising proposal, which may signal a change in immediate capital requirements.

Revenue from operations fell to ₹956.26 lakhs in Q3 FY26 compared to ₹1,016.76 lakhs in Q3 FY25.
Reported a net loss of ₹143.97 lakhs for the quarter versus a profit of ₹13.91 lakhs YoY.
Total expenses increased significantly to ₹1,178.20 lakhs, impacted by an exceptional item of ₹18.76 lakhs related to new Labour Codes.
Board of Directors resolved to defer the agenda item pertaining to the proposal for fund raising.
Mathew Jose re-appointed as Managing Director for three years effective May 29, 2026.

💡 Investors should exercise caution as the company has turned loss-making with declining revenue and rising operational costs. The deferral of the fund-raising plan and the impact of the new Labour Codes on margins are key areas to monitor.

Odigma Consultancy Reports Zero Physical Shareholding for Quarter Ended Dec 31, 2025

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 09 Jan 2026, 01:40 PM

Odigma Consultancy Solutions Limited has submitted its quarterly compliance certificate under SEBI Regulation 74(5) for the period ending December 31, 2025. The company's Registrar and Transfer Agent, Alankit Assignments Limited, confirmed that there are no shares held in physical form. This is a standard regulatory filing required to verify the dematerialization status of the company's equity. The announcement indicates full compliance with depository regulations for the third quarter of the 2025-26 fiscal year.

Compliance certificate submitted for the quarter ended December 31, 2025
Registrar Alankit Assignments Limited confirmed 0 shares are held in physical form
Filing adheres to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
Official notification sent to both BSE and NSE on January 9, 2026

💡 No action is required as this is a routine administrative filing. Investors should continue to monitor the company's operational performance and upcoming financial results.

View All ODIGMA Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Total revenue grew by 49% Y-o-Y in Q2FY26. The company operates in two primary segments: Digital Marketing and Global Top Level Domain Undertaking. Digital Marketing revenue is driven by retainer-based services like SEO and social media management, while the domain registry provides infrastructure-related income.

Geographic Revenue Split

Not disclosed in available documents. The company maintains its registered office in GIFT City, Gandhinagar, and a corporate office in Bengaluru, Karnataka.

Profitability Margins

Profit After Tax (PAT) surged 66% Y-o-Y to INR 12 Lakhs in Q2FY26. The 66% growth in PAT significantly outpaced the 49% revenue growth, indicating substantial margin expansion and improved operational efficiency in the bottom-line focused business model.

EBITDA Margin

Not explicitly disclosed as a percentage, but the 66% Y-o-Y surge in PAT to INR 12 Lakhs suggests core profitability is strengthening as the company shifts toward high-margin retainer contracts which provide better cost absorption than sporadic campaigns.

Capital Expenditure

The company reported a net cash outflow in investing activities of INR 1,980.39 Lakhs for the half-year ended September 30, 2025, compared to an inflow of INR 157.94 Lakhs in the previous year, reflecting significant investment in assets or equity instruments.

Credit Rating & Borrowing

Not disclosed in available documents. The company reported cash and cash equivalents of INR 1,223.40 Lakhs as of September 30, 2025.

⚙️ Operational Drivers

Raw Materials

As a digital marketing firm, the primary 'raw materials' are human capital and technology infrastructure. Personnel costs and digital tool subscriptions represent the bulk of operational expenses, though specific percentage breakdowns are not provided.

Import Sources

Not applicable for digital services. Operations are centered in Gandhinagar (Gujarat) and Bengaluru (Karnataka).

Key Suppliers

Not disclosed in available documents; however, the company interacts with vendors, banks, and regulators to maintain its digital marketing and domain registry operations.

Capacity Expansion

Not applicable in traditional manufacturing terms. The company is expanding its service capacity by focusing on 'bottom-line' segments like SEO and ORM to build a sustainable foundation for future 'top-line' aggressive growth.

Raw Material Costs

Not applicable for service-based model. The company focuses on managing service delivery costs for social media management and creative design to maintain its 66% PAT growth.

Manufacturing Efficiency

Not applicable. Efficiency is measured by the 66% Y-o-Y growth in PAT, achieved through a strategic shift toward high-margin retainer services.

📈 Strategic Growth

Expected Growth Rate

49%

Growth Strategy

The company is executing a two-phase strategy: first, establishing a stable foundation through 'bottom-line' retainer services (SEO, ORM, social media) that provide consistent cash flow; second, leveraging this stability to aggressively pursue 'top-line' growth through large-scale digital marketing campaigns.

Products & Services

Social media management, Search Engine Optimization (SEO), Online Reputation Management (ORM), creative design work, and Global Top Level Domain (gTLD) registry services.

Brand Portfolio

ODigMa

New Products/Services

The company is focusing on expanding its 'bottom-line' service engagements such as ORM and creative design to drive the 66% PAT growth.

Market Expansion

Following its demerger from Infibeam Avenues Ltd and listing in December 2024, the company is targeting growth in the digital marketing and e-commerce services segment.

Strategic Alliances

The company was recently demerged from Infibeam Avenues Ltd, which provided the initial corporate structure and listing platform.

🌍 External Factors

Industry Trends

The digital marketing industry is shifting from sporadic, high-spend campaigns to sustainable, long-term retainer models. ODigMa is positioning itself by prioritizing 'bottom-line' segments to build a stable foundation before scaling.

Competitive Landscape

The company competes in the crowded digital marketing and domain registry space, differentiating itself through its demerger pedigree and focus on profitable retainer segments.

Competitive Moat

The company's moat is built on long-term client relationships and a retainer-based service model that generates consistent cash flow. This is sustainable because services like SEO and ORM are essential, ongoing requirements for modern businesses, creating high switching costs.

Macro Economic Sensitivity

The company is sensitive to digital advertising spend trends; however, its focus on retainer services (SEO/ORM) provides a buffer against macro-economic volatility that typically affects large discretionary ad campaigns.

Consumer Behavior

Increased corporate focus on online reputation and search visibility is driving demand for ODigMa's ORM and SEO services.

⚖️ Regulatory & Governance

Industry Regulations

The company must comply with SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, Ind AS-108 for segment reporting, and Secretarial Standards SS-1 and SS-2 for board and general meetings.

Environmental Compliance

Not applicable for digital services; however, the company maintains an Internal Complaints Committee for sexual harassment redressal as per the Act of 2013.

Taxation Policy Impact

The company accounts for taxes on its standalone financial results; however, the specific effective tax rate % is not provided in the summary.

Legal Contingencies

The company reported zero (0) complaints filed, disposed of, or pending regarding sexual harassment for the financial year 2024-25.

⚠️ Risk Analysis

Key Uncertainties

The primary uncertainty is the non-cash impact of fair value changes in equity instruments, which recorded a negative amount in Other Comprehensive Income in H1FY26 due to market fluctuations.

Geographic Concentration Risk

Operations are concentrated in India, specifically with offices in Gujarat and Karnataka.

Third Party Dependencies

Dependency on domain registry protocols and digital platform algorithms (Google/Meta) for service delivery.

Technology Obsolescence Risk

The digital marketing field is subject to rapid technological shifts; the company manages this by maintaining expertise in SEO, ORM, and creative design.